Piyush Goyal on BRICS: ‘Imagine sharing a currency with China? Impossible to think’
In “IT-BT ROUND” 2025, the Minister of Trade Union Piush Sea made it clear that India decisively rejects any proposal of BRICS currency.
“We are a record. We do not support any BRICS currency. Imagine that the United States shares with China. We don’t have plans. It is impossible to think about the Currency of BRICS, “he said, closing the manipulations on the alliance’s monetary unit.
This position equates to a wider Indian strategy within the framework of BRICS, where it balances involvement with the world southern by protecting economic ties with the United States.
Minister of Foreign Affairs S. As BRICS expands with Indonesia as a 10th member, India carefully walks, ensuring its global positioning is stable on increasing geopolitical and economic tensions.
India’s approach to BRICS remains a measured and pragmatic, a platform provides a global southern interests when they keep forty alliance.
BRICS witnessed the main movement, and Indonesia officially joins its 10th member and Nigeria in January, ensuring a partnership. Malaysia, Thailand and Vietnam also showed interest, signaling a wider expansion within the framework of BRICS. Under the presidency of Brazil’s 2025, the bloc focuses on climate finances, AI cooperation, sustainable management, next to the continuous negotiations on alternative payment systems. However, key divisions continue, Russia and China are driven to de dollarization, while India and Brazil remain cautiously, they are afraid to stay away from the US financial system.
https://www.youtube.com/watch?v=QFAJXHBE 3KO
By increasing further complications, Donald Trump warned BRICS members by reserving a new currency, threatening to replace the dollar at 100% tariffs. BRICS The “trump” position called “seemingly hostile” is a significant challenge for India, which allocates $ 127 billion to the United States. This makes a risky economic decision removed from the dollar.
By introducing new dynamics by membership by Indonesia, BRICS challenges practical economic cooperation in balancing anti-Western rhetoric. India continues to focus on strategic interests without provoking us revenge. As Brazil assumes BRICS in 2025, the future of the alliance will depend on whether it can reconcile the internal disagreements, while global economic pressure is placed.